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News and Events

How the Return of Time-Based Charges Will Impact the Cost of Car-Hailing Rides on Grab and Hype

Grab PH cuts maximum price surge from 2x to 1.6x to ease burden on customers

Riders of ride-hailing companies Grab Philippines and Hype Transport Systems Inc. will have to pay the time-based charge again starting today, September 21, after the Land Transportation Franchising and Regulatory Board (LTFRB) lifted its suspension of the fare component on September 4.In ...

by Pauline Macaraeg  | September 21, 2018 03:00:00
Business Ideas

This Startup Helps Pinoy Women Find Online Jobs

Connected Women wants to empower women by providing them jobs they can do at home

The officers of Connected Women: CTO Bobby Jimenez, CEO Gina Romero, Business Development Head Ria San Gabriel and Senior Developer JC SorianoGina Romero remembers growing up with an OFW mom. From a young age, her mother had to seek work abroad as ...

by Nicai de Guzman  | September 13, 2018 09:00:00
News and Events

Can Lazada PH's New CEO Tempt Pinoys to Shop More Online Instead of in Giant Malls?

Ray Alimurung is the first Filipino country chief of the country's top online shopping platform

Ray Alimurung was named country CEO of Lazada Philippines in June 2018, succeeding co-founder Inanc Balci, who headed the company since it was founded in 2012Raymond Alimurung had already taken on the role of interim CEO of Lazada Philippines in May 2018 ...

by Paul John Caña  | September 10, 2018 11:00:00
Startup Tips

Stars Share Practical Tips on How To Run A Successful Restaurant Business

Take it from restaurateurs Grace Lee and Harlene Bautista

Star Bazaar was an event co-presented by Globe myBusiness and PEP.phThere’s a popular saying that one can never go wrong with a food business. Two stars-turned-restaurant owners debunk this, claiming it’s a myth as one can fail in a food enterprise, particularly in ...

by Cherrie Regalado  | September 08, 2018 09:00:00
News and Events

Almost Half of PH CEOs Plan to Invest in Startups to Minimize Disruption Risks

PwC's latest CEO survey reveals how local executives are coping with technological change

Around 45 percent of Philippine CEOs say that they plan to invest in startups as part of their strategies to adapt to disruptive technology, according to a report by accounting firm PwC Philippines.The latest CEO survey, which PwC published with the Management ...

by Lorenzo Kyle Subido  | September 06, 2018 09:00:00
News and Events

Voices from the Road: TNVS Drivers Weigh Impact of LTFRB Actions on Viability of Ride-Sharing Business

Car owners vow to serve commuters despite earnings drop due to higher fuel prices and adverse regulations

At Php2 per minute, the time component of the fare that users of GrabCar ride-hailing service pay for a trip looks minor. That seems to be the impression when compared to the Php40 base fare that kicks in as soon as you ...

by Roel Landingin and Pauline Macaraeg  | September 05, 2018 03:00:00
News and Events

Meet 10 Startups Seeking Partnerships with the BPO Industry

Business process outsourcing doesn't just create jobs but also opens doors for innovative entrepreneurs

Officials from the the Information Technology and Business Processing Association of the Philippines and the Department of Information and Communications Technology pose with representatives of the startups that made it to the Takeoff pitching event Takeoff, a startup pitching event held by the Information Technology ...

by Lorenzo Kyle Subido  | September 05, 2018 09:00:00
Business Ideas

You Can Soon Buy High-Quality, Locally Made Classical Guitars That Are More Affordable Than Imported Brands

This group of academics is standardizing local entry-level classical guitars

Gitara ni Juan is a Department of Science and Technology (DOST)-funded research project that aims to create a compendium on guitar-making in the PhilippinesThe entry-level guitar is one of the most popular musical instruments not just in the Philippines but in the world.Unfortunately, ...

by Cherrie Regalado  | September 04, 2018 09:00:00
Startup Tips

How to Find the Right Location for Your First Business

Some business owners share tips on finding the perfect spot for your startup

 Despite the continuous growth of e-commerce in the country, brick-and-mortar stores still hold power. For most brands, it’s still the best way to reach consumers, especially mall-frequenting Filipinos. Some do it to raise brand awareness, while others have no choice but to ...

by Elyssa Christine Lopez  | September 04, 2018 08:00:00
Business Ideas

Virtual Stock Trading Platform Eyes Brokerage License, Aims to Boost Market Players From 0.8M to 10M

After attracting 230K users, Investagrams' millennial founders aim for a much bigger goal

The millennial founders of Investagrams, a virtual stock market trading and learning platform that quickly built up its membership to 230,000 users three years after launch, want to turn the fintech startup into a stock brokerage that would execute clients’ trades for ...

by Roel Landingin  | September 03, 2018 02:00:00
Business Ideas

No More Recruiters? Mobile App Matches Blue-Collar Workers and Employers More Quickly

FindWork specializes in skilled but hard-to-find positions in manufacturing, construction and services

Unlike college graduates who can easily find work through online job marketplace sites, high school and vocational school graduates usually turn to newspapers’ classified advertisements and recruitment agencies to get hired.FindWork co-founders Allen Tan Chee Hoe and Kevin Williams encountered the problem ...

by Elyssa Christine Lopez  | September 03, 2018 09:00:00
Business Ideas

An American in Manila: How a Florida Childhood Led This Home Cook to Celebrity Weddings

Christian Mark Jacobs now uses his skills baking premium cakes for The Naked Patisserie

Christian Mark Jacobs is the founder and proprietor of The Naked Patisserie, a bakeshop that specializes in premium and bespoke cakes for weddings and other special occasionsChristian Mark Jacobs cuts a tall, slender figure, with neatly combed hair and broad shoulders, so he ...

by Jaymes Shrimski  | September 01, 2018 08:00:00
Franchising

Franchise Talk: BonChon, Figaro, Wendy's--How Much Do You Need to Own These Big Food Chains?

Here's how much you'll need to own a piece of Angel's Pizza and Subway, too

Filipinos love to eat. No wonder the local food service industry continues to grow. According to the latest nationwide Census of Philippine Business and Industry (CPBI), the Philippine food service industry is worth roughly $7.2 billion (Php385.4 billion), with an annual growth ...

by Sam Christopher Lim  | August 31, 2018 10:00:00
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